And here’s some of the top comments.
Shouldn't this something that was done BEFORE before putting forward a tax change, instead of after? Student union napkin "estimates" vs reality. 🤦♂️ Anyway, this is probably just yet another half-baked "u-turn", not really helping people and causing more damages to small businesses, while the big ones just pass the costs on to p̶e̶o̶p̶l̶e̶ w̶i̶t̶h̶ m̶o̶r̶e̶ m̶o̶n̶e̶y̶ i̶n̶ t̶h̶e̶i̶r̶ p̶o̶c̶k̶e̶t̶s̶ people struggling from cost of living crisis (now back to the #1 issue according to YouGov). Meanwhile, Rachel's £1300bn spending problem remains unchecked..
Best she also U-turn on removal of the two child benefit cap. As following all the u-turns on the revenue increasing options, there is no room left for additional welfare expenditure!
This government is utterly hopeless. It announces a policy, and when people don't like it they change it. No conviction, no strategy and no joined up thinking. Absolutely ridiculous way to run a country. How can anyone plan when government policy that gets announced rarely gets implemented.
And my particular favourite…
This latest policy reversal whilst welcome indicates that not only is Rachel Reeves unfit for high office (any high office), it makes clear that she has no intellect, no judgement, no calculus facility, no useful political or economic instincts and no worthwhile administrative / decision making capabilities. It is comprehensively clear that Rachel Reeves cannot work independently and without close supervision. She is a high energy, low ability, high office holder. In plain Olde English - she is a "busy fool". Her 15 weeks long campaign to frighten the living daylights out of British households and British businesses, which began with one egregious announcement per week in August, to two or three pre budget egregious announcements per day in November, is itself a sacking offence. No Chancellor in the 800 years of this government post, has behaved as recklessly as Rachel Reeves did, pre budget day. This ludicrous briefing campaign (her attempt to crowd source her own budget) had real world damaging impacts, which skewed investment, spending and recruitment decisions, in almost every single household and business in the U.K. The result was recessionary conditions in the lead up to Christmas, which retail and hospitality businesses, small and large, especially depend on. This behaviour represented grossly irresponsible misconduct in high office. Rachel - "For Gods sakes go and go now".